Investing.com - Surgepays reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Surgepays announced earnings per share of $-0.12 on revenue of $36.2M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $33.49M.
Surgepays shares are down 81% from the beginning of the year , still down 28.90% from its 52 week high of $7.30 set on Wednesday, August 3, 2022.
Surgepays shares gained 4.82% in after-hours trade the report.
Surgepays follows other major Communication Services sector earnings this month
Surgepays's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.26 on revenue of $71B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.9 on revenue of $27.44B.
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